Hancock County Property Taxes

Hancock County, Illinois

Effective Tax Rate

0.00%

27.4% below state avg

Median Annual Tax

$0

$168/mo escrow

#55 of 102 counties in Illinois

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

1.86%

vs. Illinois Avg27.4% below
vs. National Avg24.9% below

At a Glance

Median Home Value

$108,400

State avg $146,132

Tax w/ Mortgage/yr

$2,086

$174/mo escrow

Tax w/o Mortgage/yr

$1,949

$162/mo

State Tax Rate Rank

#55

of 102 counties (1 = lowest)

Data Story

About Property Taxes in Hancock County, Illinois

Hancock County's Tax Rate Slightly Above National

At 1.86%, Hancock County's effective tax rate edges above the national median of 1.82%, placing it in the 52nd percentile nationally. This means homeowners here pay slightly more than the typical American in property taxes relative to home values.

Hancock Ranks Near Illinois Average

Hancock County's effective tax rate of 1.86% sits just slightly above the Illinois state average of 1.83%, ranking it roughly middle-of-the-pack among 102 Illinois counties. At $2,020 median annual property taxes, residents pay close to what the typical Illinois household pays.

Above Most Regional Peers

Hancock County's 1.86% rate exceeds nearby Hamilton (1.35%), Henderson (1.68%), and Hardin (1.18%) counties, making it one of the more heavily taxed properties in west-central Illinois. Only Henry County (1.98%) in the immediate region surpasses Hancock's burden.

Median Home Costs About $2,020 Yearly

On a median home value of $108,400, Hancock County homeowners pay approximately $2,020 annually in property taxes. With a mortgage, that figure rises to $2,086 when including additional assessments.

Assessment Appeals May Lower Your Bill

Many Hancock County homeowners have been overassessed relative to comparable properties, making formal appeals a worthwhile strategy. Challenging an inflated assessment can result in meaningful annual savings for eligible property owners.

How Hancock County Compares

Median Annual Property Tax

Hancock County$2,020
Illinois State Average$2,782
National Average$1,924

Hancock County

1.86%

Effective rate

Illinois Avg

1.90%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Hancock County, Illinois?
The effective property tax rate in Hancock County, Illinois is 1.86%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Hancock County?
The median annual property tax payment in Hancock County is $2,020. Homeowners with a mortgage pay a median of $2,086, while those without a mortgage pay $1,949.
How does Hancock County compare to the Illinois average?
Hancock County's effective tax rate of 1.86% is lower than the Illinois state average of 1.90%. The median annual property tax in Hancock County is $2,020, compared to the state average of $2,782.
What is the median home value in Hancock County, Illinois?
The median home value in Hancock County, Illinois is $108,400, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Is Hancock County a low property tax area in Illinois?
Yes — Hancock County's effective property tax rate of 1.86% is below the Illinois average of 1.90%. The median annual property tax of $2,020 is also lower the state average of $2,782, making it a relatively affordable area for property taxes.
How does Hancock County rank for property taxes in Illinois?
Hancock County ranks #55 out of 102 counties in Illinois by effective property tax rate (1 = lowest). With a rate of 1.86% and median annual tax of $2,020, it falls in the middle third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Illinois

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.